PICK 5 is the
form of parimutuel wagering whereby you select in order the winners of five
consecutive races, placing your bet before the first race in the set of five
goes off. Some tracks offer multiple Pick5 wagering opportunities every day.
For example, races 12345 might be the first Pick5, followed by the set of races
23456, then 34567, then 45678, and so on.
HOW TO READ THE CHART:
This is, obviously, an abbreviated chart, displayed here to give you an idea of
how the cost of the wager increases as you as add more horses in each race. The
betting unit used is $1, so 16 = $16, 81= $81, etc.
For
example, let's say you want to play 1 horse each of the five races. Your total bet cost is $1.
If you want to play 3 horses in each race, your total bet is $243. If you played
5 horses in each race, your total bet would be $3,125.
Number of Horses Used Per Race 
Total Bet 
Race 1 
Race 2 
Race 3 
Race 4 
Race 5 

1 
1 
1 
1 
1 
1 
2 
2 
2 
2 
2 
32 
3 
3 
3 
3 
3 
243 
4 
4 
4 
4 
4 
1,024 
5 
5 
5 
5 
5 
3,125 
6 
6 
6 
6 
6 
7,776 
7 
7 
7 
7 
7 
16,807 
8 
8 
8 
8 
8 
32,768 
9 
9 
9 
9 
9 
59,049 
10 
10 
10 
10 
10 
100,000 
11 
11 
11 
11 
11 
161,051 
12 
12 
12 
12 
12 
248,832 


The Easy Way to Calculate Your
Own Pick5 Bet Cost
Naturally, if you play the Pick5, your
handicapping may be such that you'll want to play different numbers of
horses in each race, rather than always playing 1, or 2, or 3, or
however many you think you need to use in each race.
Using $1 as the base betting unit, here's
how to calculate the total number of bets and the total cost.
Just multiply the number of horses you want to
play in each race:

2 horses x 2 horses x 3 horses x 4 horses
x 2 horses
= 96 bets = $96

1 horse x 3 horses x 1 horse x 5 horses x
1 horse =
15 bets = $15

2 horses x 3 horses x 3 horses x 1 horse x 4
horses = 36 bets = $72


